Survey Finds Out of 10 Crypto Investors, 9 Seek Traditional Backing

A survey was conducted to know the nature of consumers with crypto. It is found through a survey that people still believe in traditional finance, and thus, need strong backing from big financial institutions in crypto also.

It is highlighted in Nomura’s Survey about 96% of people think digital assets represent an investment diversification opportunity. Professional investors are eager in crypto matters but regard backing only from basic financial organizations.

Although investment in crypto has taken a halt due to increased crypto regulations in the U.S., the survey highlights people are still interested. But, due to the highly volatile nature of this industry, they need backing from larger institutions to be on the safer side.

Professional Investors Optimistic About Crypto Market

As observed, there is an increase in institutional investment following the BlackRock spot ETF application. The asset manager filed paperwork with the SEC for a spot Bitcoin ETF.

The survey also reveals 82% of professional investors are optimistic about crypto for the coming 12 months, especially mentioning the names Bitcoin (BTC) and Ether (ETH) as futuristic. Half of the respondents mention BTC and ETH as the foundation of Web3, and how it is going to be the biggest source of investment.

Observing the survey, the CEO of Laser Digital, Dr. Jez Mohideen, said institutional investors see the importance of digital assets in bringing the benefits in greater diversification of portfolios. Nearly three-quarters of them in the survey said regulations on crypto break the client off from investing in crypto projects.

After the collapse of FTX last November, global regulators have become more strict regarding digital assets. Many countries are keenly implementing laws for crypto firms to protect consumers from major losses.

Laser Digital is a crypto firm. Nomura established the firm in September. It is basically focused on enhancing its business in the Asian region. After Hong Kong, Japan is an emerging crypto-friendly region.

Enhanced Crypto Rules in Europe Advantage to the Asian Region

Dr. Jez stated the implemented regulations in Europe have resulted in an advantage for the Asian region because now it is clear what safety measures should be taken to avoid the risk.

Laser Digital has also carried out an independent global survey with institutions in 21 countries in Europe, the Middle East, Asia, South Africa, and Latin America. More than 300 institutional investors with collective assets worth $4.9 Trillion were polled. The investors are wealth managers, pension funds, hedge funds, investment funds, and insurance asset managers.

Laser Digital has invested in clear tokens. This token solves the problem of the time gap in transaction agreement and settlement. It simplifies the risks of exposure and facilitates institutional participation. Also, the clear token will work with regulators globally to develop regulations that the firm will follow.